【寶塔個經私藏筆記-個體經濟學2】CH08ProductionFunction.PDFVIP

個體經濟學二 M i c r o e c o n o m i c s (I I) Ch8. Production Function ﹡ Production function-relationships between inputs (factors of production) and output x=f (L, K, T, …) X ：商品名稱 x ：maximum amount of output that can be produced L ： labor K ：capital � -- factors (T is fixed, 不納入討論) T ： land Production period （生產時程，每家廠商的SR和 LR 不同） Short run (SR) ：there is a fixed input → assume K is fixed in the SR Long run (LR) ：all inputs are variable Very short run ：all inputs are fixed Very long run ：f(.) can be changed (technology progress) Given K = K0 f(L, K0) is simply f(L), x=f(L) Total physical product of labor ：TPP 總實物生產量 L ∆TPP L ∂f (L,K) ′ Marginal physical product of labor ：MPP = �= or f (L)� L ∆L ∂L TPP L Average physical product of labor ：APP = L L 利用微分證明 TPP dTPP dL dTPP TPP d � L � L L −TPP L − L dAPP L L L dL dL dL L = = = 2 dL dL L L MPP −APP L L = 0 MPP APP L L L = 0 i